I started a new thread but not seeing it.
BULLS still in control but this SURGE should end soon.
However, this may be a bullish 2023 JULY
FOMO $$ out there sitting in Money Market funds etc can fuel a huge Summer rally.
Surprising JUNE BULLISH SURGE should end soon
Started by
dTraderB
, Jun 19 2023 04:24 PM
86 replies to this topic
#2
dTraderB
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Posted 19 June 2023 - 04:27 PM
Her poll is 60- 40 bearish
Helene Meisler (@hmeisler) tweeted at 1:02 PM on Sat, Jun 17, 2023:
The results are in folks are leaning bearish this week.
Thank you for voting! https://t.co/YD2nHHA5IX
(https://twitter.com/...4122916866?s=03)
Helene Meisler (@hmeisler) tweeted at 1:02 PM on Sat, Jun 17, 2023:
The results are in folks are leaning bearish this week.
Thank you for voting! https://t.co/YD2nHHA5IX
(https://twitter.com/...4122916866?s=03)
#3
dTraderB
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Posted 19 June 2023 - 04:30 PM
Still SHORT with small hedge.
Want to trade HANG SENG LONGS
ALSO LONG other ASIAN stocks.
No SPY OR QQQ longs above ES 4400
Want to trade HANG SENG LONGS
ALSO LONG other ASIAN stocks.
No SPY OR QQQ longs above ES 4400
#4
dTraderB
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- Traders-Talk User
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Posted 19 June 2023 - 04:33 PM
Doug has been short.
Dougie Kass (@DougKass) tweeted at 5:17 PM on Mon, Jun 19, 2023:
Riddle me this Tom @fundstrat St. Louis Fed Real GDP Now Cast has just moved into negative territory for 2Q2023
https://t.co/AI81JvQ1cI -
I don't see how a second half economic recovery is reasonable as we discussed in our exchange on the Exchange on Friday! @dougkass
(https://twitter.com/...6727539713?s=03)
Dougie Kass (@DougKass) tweeted at 5:17 PM on Mon, Jun 19, 2023:
Riddle me this Tom @fundstrat St. Louis Fed Real GDP Now Cast has just moved into negative territory for 2Q2023
https://t.co/AI81JvQ1cI -
I don't see how a second half economic recovery is reasonable as we discussed in our exchange on the Exchange on Friday! @dougkass
(https://twitter.com/...6727539713?s=03)
Still SHORT with small hedge.
Want to trade HANG SENG LONGS
ALSO LONG other ASIAN stocks.
No SPY OR QQQ longs above ES 4400
#5
dTraderB
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- 17,711 posts
Member
Posted 20 June 2023 - 07:07 AM
REUTERS:
While the Federal Reserve is expected to hike one last time next month after last week's 'skip', markets doubt Fed indications that two more may be in the pipeline. Fed chair Jerome Powell answers questions in Congress on Wednesday.
The big U.S. data input this week is from the housing sector, where signs of some recovery are reinforcing 'soft landing' hopes for the wider economy.
On Monday, the NAHB's house market sentiment index rose in June to its highest in almost a year and far above forecasts. U.S. May housing starts and permits are released later today.
On the corporate front, FedEx releases its latest earnings update in an important gauge of the health of both domestic and international logistics and supply chains.
Key developments that should provide more direction to U.S. markets later on Tuesday:
U.S. May housing starts/permits, June Philadelphia Fed services index
Federal Reserve Vice Chair for Supervision Michael Barr and New York Fed President John Williams speak, St Louis Fed chief James Bullard speaks
U.S. corporate earnings: FedEx
Indian Prime Minister Narendra Modi starts state visit to United States
While the Federal Reserve is expected to hike one last time next month after last week's 'skip', markets doubt Fed indications that two more may be in the pipeline. Fed chair Jerome Powell answers questions in Congress on Wednesday.
The big U.S. data input this week is from the housing sector, where signs of some recovery are reinforcing 'soft landing' hopes for the wider economy.
On Monday, the NAHB's house market sentiment index rose in June to its highest in almost a year and far above forecasts. U.S. May housing starts and permits are released later today.
On the corporate front, FedEx releases its latest earnings update in an important gauge of the health of both domestic and international logistics and supply chains.
Key developments that should provide more direction to U.S. markets later on Tuesday:
U.S. May housing starts/permits, June Philadelphia Fed services index
Federal Reserve Vice Chair for Supervision Michael Barr and New York Fed President John Williams speak, St Louis Fed chief James Bullard speaks
U.S. corporate earnings: FedEx
Indian Prime Minister Narendra Modi starts state visit to United States
#6
dTraderB
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Posted 20 June 2023 - 07:23 AM
"....the S&P 500 attempts to stretch its longest weekly winning streak (5) since 2021, cash is coming off the sidelines.
US money market funds saw the biggest outflows since mid-April last week, with total assets falling by $4.7 billion.
Much of that cash made its way into US equities which saw their biggest inflow since March 2022.
Meanwhile, the bulls are in full force: buying of call options tied to the S&P 500 hit a record 1.79 million on Thursday."
US money market funds saw the biggest outflows since mid-April last week, with total assets falling by $4.7 billion.
Much of that cash made its way into US equities which saw their biggest inflow since March 2022.
Meanwhile, the bulls are in full force: buying of call options tied to the S&P 500 hit a record 1.79 million on Thursday."
#7
dTraderB
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Posted 20 June 2023 - 07:24 AM
WSJ:
Stock-Market Rally Costs Bears $120 Billion
Short sellers have incurred big losses while Tesla, big tech stocks soar
Stock-Market Rally Costs Bears $120 Billion
Short sellers have incurred big losses while Tesla, big tech stocks soar
#8
dTraderB
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Posted 20 June 2023 - 07:25 AM
Biggest bear: Morgan Stanleys Mike Wilson warns fading fiscal support, lower liquidity, and falling inflation means a rude awakening for investors.
WSJ:
Stock-Market Rally Costs Bears $120 Billion
Short sellers have incurred big losses while Tesla, big tech stocks soar
#9
dTraderB
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Posted 20 June 2023 - 07:27 AM
Biggest threat to BULLS is this FED TALK FIESTA this week:
Tuesday: building permits, housing starts
Fed talk: Bullard, Williams
Wednesday: Fed Powell testimony
Fed talk: Cook, Jefferson, Goolsbee, Mester
Thursday: initial jobless claims, Fed Powell testimony, existing home sales, CB Leading Index
Fed talk: Bowman, Mester, Barkin
Friday: S&P Global Composite PMI Flash
Fed talk: Bullard, Bostic, Mester
Tuesday: building permits, housing starts
Fed talk: Bullard, Williams
Wednesday: Fed Powell testimony
Fed talk: Cook, Jefferson, Goolsbee, Mester
Thursday: initial jobless claims, Fed Powell testimony, existing home sales, CB Leading Index
Fed talk: Bowman, Mester, Barkin
Friday: S&P Global Composite PMI Flash
Fed talk: Bullard, Bostic, Mester
Biggest bear: Morgan Stanleys Mike Wilson warns fading fiscal support, lower liquidity, and falling inflation means a rude awakening for investors.
WSJ:
Stock-Market Rally Costs Bears $120 Billion
Short sellers have incurred big losses while Tesla, big tech stocks soar
#10
dTraderB
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- Traders-Talk User
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Posted 20 June 2023 - 07:40 AM
Building HANG SENG, BABA LONG POSITION
Maybe other Asian infex, equities:
Hang Seng Index now dropped by 2%, and Tech Index fell by 3%. $BABA Alibaba drops by 1.5% in the afternoon.
Shanghai $SHCOMP drops 0.5%, and Shenzhen is erasing morning gains.
#China #Stockmarket
Maybe other Asian infex, equities:
Hang Seng Index now dropped by 2%, and Tech Index fell by 3%. $BABA Alibaba drops by 1.5% in the afternoon.
Shanghai $SHCOMP drops 0.5%, and Shenzhen is erasing morning gains.
#China #Stockmarket
